Romania’s Commodities Exchange bids to raise capital over EUR 5m to move to the securities watchdog

The exchange has in sight to consolidate the client portfolio this year and add several other clients to the existing ones. BRM plans to develop the activities on the power market, oil market and expand transactions on the electricity niche and consider natural gas deals too.

The commodities exchange wants to focus on trading with agricultural products too, aiming for a 150 percent boost in the trading volume on the market, to 1 billion euros.

BRM counts 33 terminals countrywide and was the first body to issue last year the first quotations for oil products.

Source: NewsIn